) Investment in infrastructure assets directed for benefitting the public on a large scale (the same consideration criteria as applied for IFFs, mutatis mutandis) *Greenfield herein refers to infrastructure
a large scale (the same consideration criteria as applied for IFFs, mutatis mutandis) *Greenfield herein refers to infrastructure projects which have not yet generated commercial revenue
assets must be carried out in full scale and for public purposes. An asset valuation must be performed not over one year before buying or selling of the assets. A valuation is required for infrastructure
party transactions, and acquisition or disposal of assets transactions. Obviously, FAs' performance has a significant bearing on investors and stakeholders on a broader scale. Regulatory summary Related
specified period. The associations shall prepare a balance sheet once in every twelve-month period, and an annual report on results of the operation to be presented to the general meeting of the associations
> Equity Instrument Regulations SHARE : Detail Content Equity Instruments Regulations on equity instruments are aimed at creating a balance between the protection of investors and effective fund mobilization
structure Important points Who are the majority shareholders that can control the votes? Is there a check and balance among the majority shareholders? Are there other securities that may cause dilution effect
training by IOD). The structure has check and balance system: Independent directors and the audit committee are independent pursuant to the rules. Independent directors are ≥ one-third of the total number